308 Harewood Rd is a 5 bed, 2 bath Single Family Residence listed at $719,900 in University District, Nanaimo. Built in 1964. 2,034 sqft of living space. 159 days on market. Listed by Royal LePage Nanaimo Realty (NanIsHwyN). MLS® 1026160.
$719,900 · Single Family Residence · 5 bed · 2 bath · 2,034 sqft · MLS® 1026160
Discover 308 Harewood Rd, a smart investment or development in Nanaimo’s vibrant corridor. This property offers a 3-bedroom, 1-bathroom main residence plus a separate 2-bedroom, 1-bathroom legal suite—ideal for mortgage support through rental income. Situated on a rare lot with multiple road frontages and zoned COR1 (Residential Corridor), the development potential is enormous. The COR1 designation allows small-scale multi-family or mixed-use projects, making this a canvas for future redevelopment or continued income generation, tenants in both units help cover costs, while you plan your redevelopment project. Location is prime: a short walk to Vancouver Island University, plus nearby shopping, parks and transit. Whether you’re an investor eyeing growth or a homeowner seeking extra revenue and future flexibility, this versatile Nanaimo property has it all. Embrace the opportunity of multi-use zoning, supportive income, and unbeatable location.
Nanaimo real estate & homes for sale Nanaimo is one of Vancouver Island’s largest cities, offering oceanfront living, excellent schools, and a vibrant downtown. Discover Nanaimo real estate and browse MLS® Nanaimo listings to find condos, town...
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